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Environmental groups say settlement not final in Gulf oil leak lawsuit

7 years 1 month 3 days ago Thursday, August 27 2015 Aug 27, 2015 August 27, 2015 3:14 PM August 27, 2015 in News
Source: Associated Press
By: APNewsNow

NEW ORLEANS - Environmental groups say they're pleased at the progress of talks with a New Orleans company that has failed to end a decade-old oil leak in the Gulf of Mexico, but it's too early to talk about potential settlements.

Taylor Energy Co. said Thursday it has reached a settlement, and has agreed to spend $400,000 to foster coastal research, to host a public forum and to publish a website with information about the company's spill response.

Waterkeeper Alliance, Apalachicola Riverkeeper and the Louisiana Environmental Action Network say in a joint statement that they have a "conceptual agreement" with Taylor, but nothing's final.

They say they won't talk about details until a settlement is signed.

The groups sued Taylor Energy in 2012, accusing it of withholding information about the leak's potential impact on the Gulf.


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